Posted on 11/25/2008 1:43:31 PM PST by jessduntno
GOP senators hail Obama's economic team
Senior Senate Republicans who battled former President Clinton on budget and tax issues are applauding the return of his economic team to President-elect Barack Obama’s White House.
Sen. Judd Gregg (R-N.H.), a leading congressional Republican on economic issues, lauded Obama’s appointment of Timothy Geithner as Treasury Secretary and Lawrence Summers as head of the National Economic Council.
Summers served as Treasury Secretary and Geithner also worked at Treasury during the Clinton administration, when the nation saw booming economic growth. Geithner served under Summers as undersecretary for international development.
“I think the choices he’s made so far are extraordinarily strong,” Gregg told The Hill in an interview. He said the picks would soothe anxious financial markets.
“Summers and Geithner, I’ve described them as putting Manny Ramirez and David Ortiz in the lineup,” said Gregg, drawing an analogy to two sluggers who played together on his favorite baseball team, the Boston Red Sox.
“It sends a message to the market that there will be continuity of the effort” by Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke to stabilize the markets, he said.
Sen. Chuck Grassley (Iowa), the senior Republican on the powerful Finance Committee, also praised Obama’s first moves.
“During the campaign, the kind of change that the president-elect promised was so undefined it made me nervous,” Grassley said in a statement. “Now that he's appointing familiar faces from the Clinton administration to very high-level positions, I'm less concerned.”
Grassley said the return of senior officials from Clinton’s administration eased his concern about Obama’s ability to handle the economic crisis.
Gregg and Grassley also touted Obama’s selection of Peter Orszag to head the Office of Management and Budget. Orszag is now director of the Congressional Budget Office.
(Excerpt) Read more at thehill.com ...
Nah, don't be.
LOL......the bloggers on the left must be tearing their hair out right about now.
“LOL......the bloggers on the left must be tearing their hair out right about now.”
Consolation prize??
You are not alone.
““Summers and Geithner, I’ve described them as putting Manny Ramirez and David Ortiz in the lineup,” said Gregg, drawing an analogy to two sluggers who played together on his favorite baseball team, the Boston Red Sox.”
He obviously doesn’t follow them tooooo closely...
These GOP Senators are also pro-amnesty for illegal immigrants! Amnesty for illegal immigrants will forever ruin the U.S. economy!
“These GOP Senators are also pro-amnesty for illegal immigrants! Amnesty for illegal immigrants will forever ruin the U.S. economy!”
The hyphenated legals will do that...
Less concerned? I would hardly call that "hailing" the appointments.
What a shame that the real conservatives do not do what Joe Liberman had done a few years ago.
Is it possible for the conservatives in Congress leave the GOP and become independent or maybe even create their own party? This is the best time to make that jump.
If being conservative means we have a minority party then so be it. Let it be a strong willed, dedicated minority party.
Poor Judd Gregg. He must be planning to run again in 2010, or he would not be saluting Oprah’s Choice so strongly. It won’t work: NH will give him the boot too. If he were not running again, he might actually show some principles. Another reason why conservatives dislike NH. Judd Gregg has learned nothing in the past three years.
My own party sickens and disgusts me.
You are so right, and most registered Republicans could not even pick out a conservative in a lineup of candidates in their primaries. Of course, most never came to the primary election anyway.
These men should just bend over!
“Economic teams are not good for decision making. Their poor decisions will be masked because of the committee approach.
Bad decisions are made by committee.”
What about the Brain Trust? They brought electricity to Tennesse! How could that have ever happened otherwise?
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